It's not even close. If it were, there would be no need for antibiotics in human medicine.
methelyne blue is good against Ich (but not the best) and some skin parasites.
The problem above is that salt is a chemical medication in a freshwater tank. I use it when I must, but it's a harsh one, and is very slow to remove. It's an old aquarium myth that salt isn't a medication, or that it's natural. It is very unnatural and potentially harmful to rainforest species.
I can't get legally available over the counter antibiotics where I am. I use quarantine and prevention, and do tend to lose newly bought fish that fall ill with anything other than parasites during their quarantine. I have no effective treatments. I could buy black market antibiotics (there's always a black market) but I don't. I'm fortunate to have reliable sources for fish, so problems aren't common.